Buzzing Stocks Today, Stocks that will see action today: 31 July 2024 -- Adani Enterprises, Adani Energy Solutions, Mangalore Chemicals, Paradeep Phosphates, Vedanta, Oman, Indus Towers, South Indian bank, CG Power, PNB Housing Finance, Hexaware

Stock that will see action today: 31 July 2024

Market Opening LIVE | Indices Open Flat; 13.1% Equity Of PNB Housing Change Hands In Block Deal

PNB Housing Finance block deal: Private equity firm Carlyle Group’s Quality Investment Holdings PCC likely sold its partial stake in the housing finance company

PNB Housing Finance block deal today: 13% equity changes hands on BSE

Quality Investment Holdings PCC divested 12.8% shares in two different installments of 1.6 crore shares.

Singapore Government, Aditya Birla Sunlife Buy Stake In PNB Housing Finance

Shares of PNB Housing Finance will be in focus during the trading session on Tuesday as the US-based private equity firm Carlyle is likely to sell up to a 6.4 per cent stake.

PNB Housing block deal: Carlyle may sell 6.4% stake for Rs 1,256 crore today

Companies including ACC, PNB Housing, Tata Steel, RVNL, Airtel, HPCL, Tata Consumer, GAIL more may remain under the spotlight before the opening bell on Tuesday, July 30.

Stocks in news: ACC, PNB Housing, Tata Steel, RVNL, Airtel, HPCL, J&K Bank and Indus Towers

A total of 3.43 crore PNB Housing Finance shares worth Rs 2,654.56 crore changed hands on BSE. The stock fell 2.41 per cent to hit a low of Rs 775, before recovering some ground.

Block deal: PNB Housing Finance shares drop 2% amid heavy turnover; Carlyle Group likely seller

PNB Housing Finance Block Deal Today: PNB Housing Finance experienced a 13.1% equity change in a block deal with Carlyle reportedly selling at Rs 755 per share. The stock dropped 1.5% on BSE after the transaction. ICICI Securities continued to recommend buying the stock, noting its growing retail mortgage business and strong quarterly financial performance.

Carlyle likely sells stake in PNB Housing Finance via block deal

PNB Housing Finance Ltd recorded volume of 344.6 lakh shares by 10:46 IST on BSE, a 556.32 times surge over two-week average daily volume of 61943 shares

Volumes soar at PNB Housing Finance Ltd counter

Buzzing Stocks Today, Stocks that will see action today: July 30, 2024 - India Cements, CESC, Tata Steel, RITES, Oberoi Realty, Bharti Airtel, SIS, Aarti Drugs, ITD Cementation, Sona BLW, PNB Housing

Stocks that will see action today: July 30, 2024

Stocks to watch: Shares of firms like Tata Steel, IOC, RVNL, ACC, GAIL, PNB Housing, Varun Beverages, and others will be in focus on Tuesday’s trade.

Stocks To Watch: Tata Steel, IOC, RVNL, ACC, GAIL, PNB Housing, Varun Beverages, And Others - News18

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

PNB Housing Finance Limited provides housing loans to individuals and corporate bodies for construction, purchase, repair and up gradation of houses. It also provides loans for commercial space and loan for purchase of residential plots